Markets have sometimes been described as vastly different from and even opposite to
formal organizations. But markets and organizations share a similarity as well. Both are …

Motivated by the question of how to develop viable new markets and value chains in the
resource-constrained settings of least developed countries, we adopted multi-year …

This paper argues that ambiguities in concepts as important as “institutions”,“markets”, and
“organizations”, undermine progress of research programs intending to take these …

This book asserts that economists and sociologists need the combined concepts of
conventions and structures to deal with markets and organizations. We argue that there is …

This upper-level undergraduate text provides an introduction to industrial organization
theory along with applications and nontechnical analyses of the legal system and antitrust …

In a 1981 issue of the American Journal of Sociology, sociologist Harrison White asked the
economic question par excellence: where do markets come from? He devised a …

Why are firms sometimes more efficient than markets at organizing transactions? Why are
most transactions arrayed neither at the pure “market” nor at the pure “hierarchy” end of the …

In recent years, network analysis has been used in economics to study the structure and the
development of markets. Compared to the traditional market analysis, the network approach …

This publication presents one of the first attempts to integrate two emerging bodies of
economic research: institutional economics and organizational theory. It begins within the …

A text that gets a consistently good reaction from students, Industrial Organization:
Competition, Strategy, Policy has a balance of content that is spot-on for courses taught in …